Canadian-founded, New York-based AI startup Clay closes $63-million CAD Series B
Launched by McGill grads, Clay aims to help automate sales.
AI
Raven Connected intends to grow workforce by 25 percent with Series A funding led by Telus Global Ventures
Connected car startup uses machine vision to track and analyze company vehicles and drivers.
Former Team Canada support staff secure $1.3 million to deliver Olympic-level corporate team building
Innerlogic seeks to speed up the path to better workplace culture with AI.
Following pivot to enterprise SaaS model, Haloo closes $4.7 million CAD
Startup has made key hires as it looks to scale from hundreds of SaaS customers to tens of thousands.
Healwell AI invests $2.7 million CAD into Elon Musk’s xAI to tap into company’s expertise, resources
Healwell CEO touts access to xAI’s closed developer program as big potential benefit.
INOVAIT and federal government invest $10.7 million across seven image-guided therapy tech projects
Private contributions bring the collective project values up to $32 million.
Bitcoin miner Hut 8 to receive $150 million to provide AI computing power
Hut 8 shifted its headquarters from Toronto to Miami following a merger last year.
Former 7Geese leaders secure seed funding for new AI-powered performance management platform
Armed with $2.5 million CAD, Topicflow looks to double its team.
CoGuard received funding from OpenAI’s Cybersecurity Grant Program
Startup automates the identification of software misconfiguration to reduce the threat of cyberattacks.
Ottawa companies receive FedDev funding for AI, semiconductor, biotech work
FedDev invested nearly $20 million across nine Ottawa-based companies.
Collision has come and gone
Plus: The AI reality check is happening now.
“The reality check is happening now”: AI leaders on the state of the market at Collision
Experts at Collision 2024 weighed in on the AI hype cycle, enterprise adoption, and doomsday scenarios.
Healwell AI accelerates M&A strategy with acquisitions of VeroSource Solutions and BioPharma Services
The deals, if successful, will have a combined value of over $36 million.
Canadian OpenAI co-founder Ilya Sutskever launches new company focused on safe AI development
New company follows the recent exodus of safety-focused employees at OpenAI.
PragmaClin, Willful, NovaResp among nearly 30 healthtech startups backed by new CABHI funding
Each startup is receiving between $150,000 to $500,000 based on company stage, needs, and evaluation processes.